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The Hedge-Fund Shakeout: Ilana Weinstein, Gerald Beeson, Eddie Fishman, John McCormick, Jeremy Schiffman

Milken Institute


With more than $3 trillion in assets—and the freedom to invest opportunistically worldwide—hedge funds have become one of the most important market-moving forces of the last few decades. Yet it is no secret that the environment has become more competitive and challenging to generate alpha than ever before. This panel brings together leaders in the hedge-fund industry to discuss what it takes to survive and thrive. Strong returns are no longer enough to achieve scale, and scale itself is no guarantee of success. Panelists will discuss how to build an entity that is durable across resources, talent, and returns from the perspective of top founder, limited partner (LP), and headhunter.


Moderator

Erik Schatzker Editor-at-Large, Bloomberg Television

Speakers

Gerald Beeson Chief Operating Officer, Citadel

Eddie Fishman Managing Director and Executive Committee Member, The D. E. Shaw Group

John McCormick President and CEO, Hedge Fund Solutions Group, Blackstone Group

Jeremy Schiffman Founder and Managing Partner, Palestra Capital Management

Ilana Weinstein Founder and CEO, The IDW Group LLC


©2023 Milken Institute. All Rights Reserved • www.milkeninstitute.org.

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